AG Bonta Announces Nearly $1.2 Million Settlement with Valley Rock Foundation for Self-Dealing Transactions

Published Date: Jan 23, 2025

AG Rob Bonta announced a nearly $1.2 million settlement against the Valley Rock Foundation, formerly, Edward A. Keith Foundation, and its directors Celeste White and Dr. Robert White (Whites). The settlement resolves allegations that the directors engaged in self-dealing transactions, unjust enrichment, and breach of fiduciary duty for improper personal benefits from the Foundation’s charitable assets. The Whites do not admit liability in the settlement agreement.  

Attorney General Bonta Announces Nearly $1.2 Million Settlement with Valley Rock Foundation for Self-Dealing Transactions | State of California – Department of Justice – Office of the Attorney General

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